- Downside seen limited with Nikkei still 20k+
- Mix of Japanese and offshore funds seen towards 119.00, some stops below
- Technical resistance at 119.87 Ichi Kinjun line
- Support at 119.31 100-DMA, 119.68 tenkan pivot
Technicals
Add as a preferred source on GoogleUSD/JPY off to fresh 119.45 session low on lack of follow-through to upside
Downside seen limited with Nikkei still 20k+ Mix of Japanese and offshore funds seen towards 119.00, some stops below Technical resistance at 119.87 Ichi Kinjun line Support at 119.31 100-DMA, 119.68 tenkan pivot
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